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Why wouldn’t Barclays let me close my account and move £38,000? Customer left waiting EIGHT weeks to transfer foreign currency Robert Cooper closed his main Barclays current account in 2017 Last December, he tried to close three foreign currency accounts and move cash For eight weeks a string of bank employees told him he was … Read more
They are two airports, in the same county, with the same holiday money company offering to change your pounds into foreign currency. But families jetting off from Southend Airport in Essex can get a whopping €150 more for every £500 they change than at Stansted Airport, just 30 miles away. Passengers at both airports are … Read more
Buying a fund that invests overseas but mitigates negative currency moves rather than just them riding out sounds like a good idea on the face of it. But individual investors are routinely warned off using the ‘currency hedged’ versions of funds, because it involves making tough judgement calls that professionals often get wrong. Don’t fancy … Read more